UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): January 9, 2014

 

 

IGNYTA, INC.

(Exact Name of Registrant as Specified in its Charter)

 

 

 

Nevada   333-183886   59-3564984

(State of

Incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

11095 Flintkote Avenue, Suite D

San Diego, California 92121

(Address of principal executive offices, including zip code)

Registrant’s telephone number, including area code: (858) 255-5959

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

(e): On January 9, 2014, the independent members of the Board of Directors of Ignyta, Inc. (the “Company”) approved discretionary cash bonuses to certain of the Company’s officers and other employees based on performance during the Company’s fiscal year ended December 31, 2013. The cash bonus amounts granted to the Company’s named executive officers are as follows:

 

Name and Position

   Cash Bonus
Amount

($)
     Percentage of
2013 Annual
Base Salary
(%)
 

Jonathan Lim, President and Chief Executive Officer

     187,500         75   

Zachary Hornby, Chief Financial Officer and Vice President, Corporate Development

     105,000         52.5   

 

1


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Dated: January 15, 2014     IGNYTA, INC.
    By:  

 /s/ Jonathan Lim, M.D.

    Name:   Jonathan Lim, M.D.
    Title:   President, Chief Executive Officer

 

2